The jackpot for the Powerball draw on Wed Nov 4, 2026, is projected to be $835 Million, with an option for a cash payout of $357.9 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Arkansas residents, the state will deduct 4.9% from your lottery earnings.
| Arkansas Powerball Jackpot/Cash Option for Wed Nov 4, 2026 |
|---|
| Draw Date | Wed Nov 4, 2026 | | Projected Jackpot | $835,000,000 | | Cash Value | $357,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $357,900,000 | | Federal Tax(24%) | $85,896,000 | | Additional Federal Tax | $46,487,330 | | State Tax(4.9%) | $17,537,100 | | Net Lumpsum Payment | $207,979,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,567,585 |
$4,610,337
$615,812 |
$7,341,436 |
| 2 |
$13,196,340 |
$4,842,976
$646,621 |
$7,706,743 |
| 3 |
$13,855,990 |
$5,087,047
$678,944 |
$8,089,999 |
| 4 |
$14,549,040 |
$5,343,475
$712,903 |
$8,492,662 |
| 5 |
$15,276,325 |
$5,612,571
$748,540 |
$8,915,214 |
| 6 |
$16,040,350 |
$5,895,260
$785,977 |
$9,359,113 |
| 7 |
$16,841,950 |
$6,191,852
$825,256 |
$9,824,842 |
| 8 |
$17,684,465 |
$6,503,582
$866,539 |
$10,314,344 |
| 9 |
$18,568,730 |
$6,830,760
$909,868 |
$10,828,102 |
| 10 |
$19,497,250 |
$7,174,313
$955,365 |
$11,367,572 |
| 11 |
$20,471,695 |
$7,534,858
$1,003,113 |
$11,933,724 |
| 12 |
$21,495,405 |
$7,913,630
$1,053,275 |
$12,528,500 |
| 13 |
$22,570,050 |
$8,311,249
$1,105,932 |
$13,152,869 |
| 14 |
$23,698,970 |
$8,728,949
$1,161,250 |
$13,808,771 |
| 15 |
$24,883,835 |
$9,167,349
$1,219,308 |
$14,497,178 |
| 16 |
$26,127,985 |
$9,627,685
$1,280,271 |
$15,220,029 |
| 17 |
$27,433,925 |
$10,110,883
$1,344,262 |
$15,978,780 |
| 18 |
$28,805,830 |
$10,618,487
$1,411,486 |
$16,775,857 |
| 19 |
$30,246,205 |
$11,151,426
$1,482,064 |
$17,612,715 |
| 20 |
$31,758,390 |
$11,710,935
$1,556,161 |
$18,491,294 |
| 21 |
$33,346,560 |
$12,298,558
$1,633,981 |
$19,414,021 |
| 22 |
$35,014,055 |
$12,915,531
$1,715,689 |
$20,382,835 |
| 23 |
$36,764,215 |
$13,563,090
$1,801,447 |
$21,399,678 |
| 24 |
$38,602,885 |
$14,243,398
$1,891,541 |
$22,467,946 |
| 25 |
$40,532,570 |
$14,957,381
$1,986,096 |
$23,589,093 |
| 26 |
$42,559,950 |
$15,707,512
$2,085,438 |
$24,767,000 |
| 27 |
$44,687,530 |
$16,494,716
$2,189,689 |
$26,003,125 |
| 28 |
$46,921,990 |
$17,321,467
$2,299,178 |
$27,301,345 |
| 29 |
$49,268,340 |
$18,189,616
$2,414,149 |
$28,664,575 |
| 30 |
$51,731,590 |
$19,101,019
$2,534,848 |
$30,095,723 |
|
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